Piedmont Office Realty Trust CEO C Smith's 2021 pay rises 11% to $3.6M
Piedmont Office Realty Trust reports 2021 executive compensation
By ExecPay News
Published: March 18, 2022
Piedmont Office Realty Trust reported fiscal year 2021 executive compensation information on March 18, 2022.
In 2021, five executives at Piedmont Office Realty Trust received on average a compensation package of $1.8M, a 11% increase compared to previous year.
Average pay of disclosed executives at Piedmont Office Realty Trust
C. Brent Smith, Chief Executive Officer, received $3.6M in total, which increased by 11% compared to 2020. 57% of Smith's compensation, or $2M, was in stock awards. Smith also received $900K in non-equity incentive plan, $600K in salary, as well as $20K in other compensation.
For fiscal year 2021, the median employee pay was $122,622 at Piedmont Office Realty Trust. Therefore, the ratio of C. Brent Smith's pay to the median employee pay was 29 to one.
Robert E. Bowers, Executive Vice President and Chief Financial and Administrative Officer, received a compensation package of $2.1M, which increased by 4% compared to previous year. 54% of the compensation package, or $1.1M, was in stock awards.
George M. Wells, Chief Operating Officer, earned $1.3M in 2021, a 31% increase compared to previous year.
Christopher A. Kollme, Executive Vice President — Investments and Strategy, received $1.2M in 2021, which increases by 12% compared to 2020.
Robert K. Wiberg, Executive Vice President — Northeast Region and Co, Head of Development, earned $1.1M in 2021, a 6% increase compared to previous year.
Related executives
C Smith
Piedmont Office Realty Trust
Chief Executive Officer
Robert Bowers
Piedmont Office Realty Trust
Executive Vice President and Chief Financial and Administrative Officer
Christopher Kollme
Piedmont Office Realty Trust
Executive Vice President — Investments and Strategy
George Wells
Piedmont Office Realty Trust
Chief Operating Officer
Robert Wiberg
Piedmont Office Realty Trust
Executive Vice President — Northeast Region and Co, Head of Development
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Source: SEC filing on March 18, 2022.